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US Processed tomato stocks-on-hand report for June 1, 2024

04/07/2024 - François-Xavier Branthôme
According to a report released on July 2, 2024 by the California League of Food Producers (CLFP), total inventories of U.S. processed tomato products were just over 5.08 million metric tonnes (t) (5.6 million short tons), stated on a raw product equivalent basis, as of June 1, 2024. Inventory is up 85% from the prior year level. Apparent disappearance of tomato stocks decreased 5.2%, totaling approximately 9.71 million t (10.7 million tons) during the twelve-month period of June 1, 2023, to June 1, 2024.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total 3.8 million t (4.2 million tons), on a raw product “paid-for tons” equivalent basis, as of June 1, 2024.
The U.S. bulk tomato paste-for-sale inventory on June 1, 2024, was approximately 2.8 million t (3.1 million tons), on a raw product “paid-for tons” equivalent basis.
CLFP statistics reports are estimates, assuming 100% reporting, of the total U.S. processed tomato supply based on voluntary reports from processors throughout the United States. Participating processors handle approximately 95.1% of total U.S. tonnage of processing tomatoes, and 99% of total U.S. paste production.
This report is an estimate of total U.S. supply and demand for processed tomato products. Reports are based on voluntary pack and inventory reports furnished by participating U.S. processors.
All positions are stated on a "raw product tons" equivalent basis.
CLFP "Pack Year" begins June 1 and ends May 31.
2023-2024 pack year statistics based on reports from processors handling 95.1% of U.S. tonnage

Listed below are the 2023-2024 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of June 1, 2024 for U.S. Tomato Processors. The 2023-2024 U.S. Processed Tomato Supply and Movement reported is based on an estimated 99% of the industry reporting data for bulk tomato paste. Representation below is assuming 100% reporting as well as actual paste industry aggregate reporting of an estimated 99%. All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.

Bulk Tomato “Paste for Sale” – Bulk tomato paste, converted to a raw product “paid for tons” equivalent, being held in drums, bins, and bulk, that has been packed to be sold. The estimates do not include bulk paste being held for companies’ own remanufacture, or paste in food service or retail/consumer package sizes.
CLFP "Pack Year" begins June 1 and ends May 31.

Source: CLFP
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